Toxic soil specialist nets £1.7 million

Envirotreat, a developer of proprietary technologies for the treatment of contaminated land, has won venture capital (VC) financing to expand its business. The funding round of £1.7 million was led by technology-focused investor E-Synergy, which contributed £1 million.


Envirotreat, a developer of proprietary technologies for the treatment of contaminated land, has won venture capital (VC) financing to expand its business. The funding round of £1.7 million was led by technology-focused investor E-Synergy, which contributed £1 million.

Envirotreat, a developer of proprietary technologies for the treatment of contaminated land, has won venture capital (VC) financing to expand its business. The funding round of £1.7 million was led by technology-focused investor E-Synergy, which contributed £1 million.

The balance is from pre-IPO investor Pre-X and generalist VC Catapult Venture Managers, which invested £350,000 and £325,000 respectively.

Following the investment, Duncan Martin, former director of hazardous waste at Veolia Environmental Services has been appointed as chief executive. Sam Richardson, investment director at E-Synergy, has joined the company’s board.

Richardson comments: ‘Envirotreat has protected [proprietary] technology, established revenues and an experienced management team with an excellent track record of completing more than 60 contracts.’

The West Midlands-based company plans to use the funding to expand its sales and marketing efforts, invest in equipment both for on-site soil remediation and landfill pre-treatment, and pursue international licensing opportunities.

E-Synergy invested from its £30 million Sustainable Technology Fund, which specialises in the cleantech and environmental sectors.

Marc Barber

Raven Connelly

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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Venture capital funding